Iranian Foreign Minister says if the US goes ahead with threats to attack Iran's infrastructure, then it will undoubtedly be met with a decisive and all-round response from the armed forces of Iran, SNN reports
The Iranian Foreign Minister's remarks signal a significant escalation in tensions, explicitly warning the US against military action.
[DESK UPDATE] Easter Schedule: Given the ongoing Middle East conflict, the desk will operate as usual on Monday (April 6th).
[MARKET UPDATE] Crude prices paired back losses seen from the Iranian receipt of the Pakistani proposal, with Iran suggesting it will not accept deadlines or pressure to make decisions
Iranian Foreign Minister says if the US goes ahead with threats to attack Iran's infrastructure, then it will undoubtedly be met with a decisive and all-round response from the armed forces of Iran, SNN reports
BoJ Nagoya branch manager says some firms in the region are worried about FX volatility, uncertainty over Middle East conflict could hurt the economy
Reports of explosions heard in Kuwaut, SNN reports
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This could impact oil markets, particularly WTI, as fears of conflict often lead to price spikes due to supply concerns. Traders should monitor how this affects geopolitical risk premiums and consider the potential for volatility in energy commodities.
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